Michigan American Legion Foundation
EIN: 471280916 · Lansing, MI · NTEE: P11
| Metric | Value |
|---|---|
| Total Revenue | $297K |
| Total Expenses | $161K |
| Net Assets | $1.4M |
Is Michigan American Legion Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Michigan American Legion Foundation
Michigan American Legion Foundation (EIN: 471280916) is a nonprofit organization based in Lansing, MI, classified under NTEE code P11. The organization reported total revenue of $297K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Michigan American Legion Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Michigan American Legion Foundation is a small nonprofit that has been operating for 11 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $240K |
| Total Expenses | $161K |
| Surplus / Deficit | +$79K |
| Total Assets | $1.4M |
| Total Liabilities | $881 |
| Net Assets | $1.4M |
| Operating Margin | 33.1% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 101.1 months |
Financial Health Grade: A
In 2023, Michigan American Legion Foundation reported a surplus of $79K with revenue exceeding expenses, holds 101.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Michigan American Legion Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.7% | +36.8% | +4.3% |
| 2022 | +145.0% | +125.0% | +0.9% |
| 2021 | -39.0% | -71.2% | +28.7% |
| 2020 | -41.9% | -40.3% | -12.5% |
| 2019 | -74.3% | +0.6% | +0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Michigan American Legion Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Michigan American Legion Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $79K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Michigan American Legion Foundation
Is Michigan American Legion Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Michigan American Legion Foundation (EIN: 471280916) insufficient data. 0 red flags identified, 0 strengths noted.
How does Michigan American Legion Foundation spend its money?
Detailed spending breakdown data is not yet available for Michigan American Legion Foundation. Check back for updated IRS 990 analysis.
Are donations to Michigan American Legion Foundation tax-deductible?
Michigan American Legion Foundation is registered as a tax-exempt nonprofit (EIN: 471280916). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Michigan American Legion Foundation located?
Michigan American Legion Foundation is headquartered in Lansing, Michigan and files with the IRS under EIN 471280916. It is classified under NTEE code P11.
How many years of IRS 990 filings does Michigan American Legion Foundation have?
Michigan American Legion Foundation has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $297K in total revenue.
Filing History
IRS 990 filing history for Michigan American Legion Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Michigan American Legion Foundation's revenue has declined by 3.1%, moving from $248K to $240K. Total assets increased by 557.1% over the same period, from $206K to $1.4M. Total functional expenses rose by 0.1%, from $160K to $161K. In its most recent filing year (2023), Michigan American Legion Foundation reported a surplus of $79K, with revenue exceeding expenses. The organization holds $881 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $240K | $161K | $1.4M | $881 | — | — |
| 2022 | $278K | $117K | $1.3M | $46K | — | View 990 |
| 2021 | $113K | $52K | $1.3M | $881 | — | — |
| 2020 | $186K | $181K | $999K | $214 | — | — |
| 2019 | $320K | $303K | $1.1M | $111K | — | View 990 |
| 2018 | $1.2M | $301K | $1.1M | $115K | — | View 990 |
| 2017 | $265K | $276K | $188K | $112K | — | View 990 |
| 2016 | $248K | $160K | $206K | $119K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $240K, expenses of $161K, and assets of $1.4M (revenue -13.7% year-over-year).
- 2022: Revenue of $278K, expenses of $117K, and assets of $1.3M (revenue +145.0% year-over-year).
- 2021: Revenue of $113K, expenses of $52K, and assets of $1.3M (revenue -39.0% year-over-year).
- 2020: Revenue of $186K, expenses of $181K, and assets of $999K (revenue -41.9% year-over-year).
- 2019: Revenue of $320K, expenses of $303K, and assets of $1.1M (revenue -74.3% year-over-year).
- 2018: Revenue of $1.2M, expenses of $301K, and assets of $1.1M (revenue +369.6% year-over-year).
- 2017: Revenue of $265K, expenses of $276K, and assets of $188K (revenue +7.2% year-over-year).
- 2016: Revenue of $248K, expenses of $160K, and assets of $206K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Michigan American Legion Foundation:
Data Sources and Methodology
This transparency report for Michigan American Legion Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.